Lululemon Settles Its Proxy Fight With Founder Chip Wilson
CONFIRMED92% CONFIDENCEThe release is dated May 27, 2026 (newsroom stamp 12:30 UK time, 7:30 a.m. ET). The end is estimated: the standstill runs "approximately 18 months until 30 days prior to the nomination deadline for the 2028 annual meeting", read as the end of November 2027.[1]
Lululemon gives two of Chip Wilson's nominees, Laura Gentile and Marc Maurer, board seats after the 2026 meeting and backs board declassification; Wilson accepts a standstill of about 18 months.
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